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Peyton Seaver
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1623-1625 Centre Street, Newton, MA 02461

$2,800,000
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New to the Market Active
LOT SIZE 0.172 acres MLS#73484471
STATUSActive PROPERTY TYPELand - Residential

Property Description

Rare development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newtons newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment, particularly when combined with the adjacent property at 1208 Walnut Street (MLS #73471998). Together the two parcels create a rare assemblage opportunity in Newton.

1623-1625 Centre Street | MLS# 73484471

This land located at 1623-1625 Centre Street, Newton, MA 02461 is currently listed for sale with an asking price of $2,800,000. The property has approximately 0.17 Acres. Search Newton real estate on peytonseaver.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.17 Acres
Taxes: $10,867

Feature Descriptions

Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Golf, Medical Facility, Bike Path, Highway Access, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 5
Electric: On-Site
Electric On Property: Yes
Lot Features: Level
Parcel Number: 695029
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Waterfront Features: Lake/Pond,1/10 to 3/10 To Beach, Beach Ownership(Public)

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Newton
Agency Phone: 617-969-2447
Agent Name: Ward Shifman

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Estimated Payment

$ 7,953.84 per month $6,231.59 Principal & Interest $905.58 Property Tax $816.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/15/2026. The listing information on this page last changed on 03/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/15/2026 3:52:02 AM EST) or MLSPIN MLS (last updated Sat 03/14/2026 11:38:22 PM EST) or Prime MLS (last updated Sat 03/14/2026 11:33:12 PM EST) or MREIS (last updated Sun 03/15/2026 2:05:20 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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